Nikkei leads losses in Asia; tech stocks plunge on Nasdaq's decline

Asian stocks kicked off the week lower after heavy losses on Wall Street at the end of last week.

The technology sector suffered the most following a 2.6 percent decline on the Nasdaq on Friday, which saw momentum stocks like Tesla, Netflix, and Amazon.com get crushed for a second day.

The Dow lost 1 percent while the S&P 500 fell 1.25 percent after the Labor Department said the U.S. created 192,000 new jobs in March after a gain of 197,000 in February, and the unemployment rate remained unchanged at 6.7 percent. Economists polled by Reuters had expected employment to increase 200,000 last month and the unemployment rate to dip to 6.6 percent.